Mechanical Engineering, Mechanical Technology, Technician Degree from Gateway Community College Return on Investment
See what the return on investment is for jobs that someone with a Mechanical Engineering, Mechanical Technology, Technician degree from Gateway Community College is likely to work in.
Top job projections for graduates in mechanical engineering, mechanical technology, technician from gateway community college
Mechanical engineering technologists and technicians
Projection Rating: A-
Median Annual Wage: $64,020
Percentage of Paycheck to Repay: 7.47%-5.56%
Employment Change: 0.8%
Entry-Level Education: Associate's degree
Mechanical engineers
Projection Rating: A
Median Annual Wage: $99,510
Percentage of Paycheck to Repay: 4.80%-3.57%
Employment Change: 32.1%
Entry-Level Education: Bachelor's degree
Investing in your education is a crucial step towards a successful career, and the Mechanical Engineering, Mechanical Technology, and Technician degree programs at Gateway Community College offer a compelling return on investment (ROI). With a strong emphasis on practical skills and industry-relevant knowledge, these programs equip students with the tools they need to thrive in the competitive engineering field.
Graduates of the Mechanical Engineering and Technology programs benefit from a robust job market, with mechanical engineering roles consistently ranking among the top in demand. According to the Bureau of Labor Statistics, employment for mechanical engineers is projected to grow by 4% from 2019 to 2029. This growth translates to more job opportunities and higher earning potential for graduates.
At Gateway Community College, students gain hands-on experience through cutting-edge labs and real-world projects, which enhance their resumes and appeal to employers. The college's strong industry connections facilitate internships and job placements, further increasing the likelihood of employment after graduation.
The ROI of pursuing a degree in Mechanical Engineering or Technology from Gateway Community College is underscored by the average starting salary for graduates, which can exceed $60,000 annually. With a relatively low tuition cost compared to many four-year institutions, students can expect to recoup their educational expenses quickly while enjoying a fulfilling career.
In addition to financial benefits, a degree in mechanical engineering or technology offers the chance to work on innovative projects that impact daily life. From designing sustainable energy solutions to developing cutting-edge manufacturing processes, graduates play a pivotal role in shaping the future.
Choosing Gateway Community College for your Mechanical Engineering, Mechanical Technology, or Technician degree means investing in a brighter future. With a solid return on investment, strong job prospects, and the opportunity to make a difference, your decision to pursue this path will be one that pays off for years to come.
Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.